Westre Financial
Group, LLC
Westre Financial
Consider coming across a $175,000, well-below-market-value brick cottage in Shaw that is physically sound but needs to be updated. You put together a scope that turns it into a modern, three-bedroom, two-and-a-half-bathroom masterpiece that can fetch $350,000. A successful flip!
What else do you need?
Yet, that six-figure gross profit hinges on securing capital rapidly to acquire and transform this hidden gem before another investor seizes the opportunity.
This real-life St. Louis deal funded in just eight days exemplifies the streamlined fix & flip lending experience Westre Financial Group perfected over 20+ years.
We understand time equals money for rehabbers aiming for expedited projects and maximum ROI. Our loans help them win ideal properties, fund renovations without delay, and ultimately create modernized homes and passive profits.
This service page will help reveal the insights regarding financed flips fueling in St. Louis investing at scale for our clients – due to personalized guidance surrounding capital, construction, and much more.
Tapping traditional lenders earns fix & flip investor’s brick walls. Banks prefer shorter-duration loans or those dependent on securing post-renovation appraisals to unlock full funding. Yet, flips can’t crawl through elongated approval timelines.
As the St. Louis fix & flip financing specialists since 2001, Westre Financial Group navigates deals rapidly from contract to keys through loan advantages like:
We further accelerate your ventures by simplifying eligibility requirements, demystifying processes for first-timers, and expediting draws as construction progresses. Our expertise across the entire lending experience propels fixes & flips forward faster.
Ask any flip veteran in this market – securing funding represents just one piece of executing profitable, on-time projects.
That’s why Westre Financial Group distinguishes itself as a true partner through education, resources, and support at every stage:
Confirm you’re acquiring the right deals before taking ownership through our underwriting and estimates.
Meet our preferred private lenders ready to finance projects in days once we greenlight targets.
20+ years of rehab data informs accurate costs so you steer clear of budget overruns.
Get connected with reliable, affordable contractors inspected by Westre’s QA team.
Optimize sales prices and terms guided by Westre’s real-time perspective on value shifts, demand indicators, and more.
This wraparound guidance ensures our loan’s launch flips are built to sell rapidly and profitably even as market headwinds arise.
We encourage prospective St. Louis fixes & flippers to understand the full factors impacting monetizable renovations before pursuing projects. Please review some FAQs regarding our lending:
Our loan terms cater to a variety of real estate investment strategies. For rapid flips, we offer terms as short as six months, providing quick access to capital to maximize your returns. Alternatively, for extensive overhauls requiring more time, we provide terms of up to 36 months, allowing ample time for renovation and resale. Additionally, our flexible draws feature ensures that you have access to funds precisely when you need them throughout the duration of your project.
Depending on your specific project and financial profile, we offer financing of up to 100% of the all-in purchase price plus the improved value of the property.
While we welcome first-time investors, we carefully evaluate the experience and track record of all applicants. For novice investors, we provide guidance and support to ensure a successful project. For those with mentors and a history of past project success, we recognize and utilize their expertise to facilitate a smooth financing process.
At this time, our focus is exclusively on empowering rehabbers in the St. Louis area. We believe in the importance of boots-on-the-ground expertise and close proximity to the properties being renovated. However, we continuously evaluate opportunities to service out-of-state investors.
While we strive to accommodate a wide range of real estate investment projects, there are certain deal types that may not align with our lending criteria. Specifically, major conversions requiring zoning variance approvals may not be suitable, given our focus on expediency. Our lending model prioritizes speed and efficiency, making these types of projects less compatible with our financing solutions.
Westre Financial Group served as the fuel behind St. Louis’ most ascendant flip investors for over 20 years. Let us customize financing to ignite your ventures, too!
Chat with our founders, Brad and Barb Westre, now about funding your next endeavor. Or check our affordable rates and pre-qualify instantly based on your project specifics!